During the last session, Nano Nuclear Energy Inc (NASDAQ:NNE)’s traded shares were 4.26 million, with the beta value of the company hitting 8.38. At the end of the trading day, the stock’s price was $37.97, reflecting an intraday gain of 13.38% or $4.48. The 52-week high for the NNE share is $48.05, that puts it down -26.55 from that peak though still a striking 83.41% gain since the share price plummeted to a 52-week low of $6.30. The company’s market capitalization is $1.57B, and the average trade volume was 2.83 million shares over the past three months.
Nano Nuclear Energy Inc (NNE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. NNE has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Nano Nuclear Energy Inc (NASDAQ:NNE) trade information
Nano Nuclear Energy Inc (NNE) registered a 13.38% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 13.38% in intraday trading to $37.97, hitting a weekly high. The stock’s 5-day price performance is 10.86%, and it has moved by 41.47% in 30 days. Based on these gigs, the overall price performance for the year is 305.23%.
The consensus price target of analysts on Wall Street is $50, which implies an increase of 24.06% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $50 and $50 respectively. As a result, NNE is trading at a discount of -31.68% off the target high and -31.68% off the low.
Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 100k by the end of current fiscal year.
While earnings are projected to return -70.51% in 2025.
NNE Dividends
Nano Nuclear Energy Inc is due to release its next quarterly earnings on 2025-May-15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Nano Nuclear Energy Inc (NASDAQ:NNE)’s Major holders
Nano Nuclear Energy Inc insiders own 31.32% of total outstanding shares while institutional holders control 22.14%, with the float percentage being 32.24%. CITIZENS FINANCIAL GROUP INC/RI is the largest shareholder of the company, while 215.0 institutions own stock in it. As of 2024-06-30, the company held over 86000.0 shares (or 0.3132% of all shares), a total value of $2.02 million in shares.
The next largest institutional holding, with 39461.0 shares, is of SCHONFELD STRATEGIC ADVISORS LLC’s that is approximately 0.1437% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.92 million.
